Hong Kong’s Securities and Futures Commission (SFC) and Accounting and Financial Reporting Council (AFRC) have expanded regulatory cooperation to cover financial and compliance reporting by SFC-licensed virtual asset service providers, under a new Memorandum of Understanding (MoU). The agreement also covers licensed corporations, registered open-ended fund companies and authorised funds. Read more: apps.sfc.hk/edistributionWeb… #HongKong #Crypto #VirtualAssets #VASP #FinancialReporting #Regulation #DigitalAssets #Web3‌‌

California Governor Gavin Newsom has signed Assembly Bill 2409, introducing restrictions on memecoin issuance by public officials. The law prohibits covered state and local public officials and certain government employees from issuing memecoins. It also prohibits digital asset service providers from offering certain memecoins issued by or in partnership with federal, state or local public officials to California residents. The restrictions apply to covered tokens issued on or after January 1, 2027. AB 2409 also provides for enforcement through civil actions by specified California authorities. Read more: cointelegraph.com/news/newso…

Vietnam’s Ministry of Finance and State Securities Commission have proposed reporting and disclosure requirements for crypto asset trading platforms as part of the country’s pilot framework for crypto assets. The draft includes advance notification requirements for certain ownership and insider transactions, weekly custody data submissions, twice-yearly audited reports on customer assets and proof of reserves, market data disclosures, and reporting requirements for asset listings and delistings. Read more: vietnamnews.vn/economy/17999… #Vietnam #CryptoRegulation #DigitalAssets #CryptoPolicy #VirtualAssets #FinancialRegulation #Web3

Our member @CoinDCX has released a new report, “Public Blockchains in India’s Financial System: A Case For and Against.” The report examines the potential role of public blockchains across payments, tokenisation and settlement, while assessing issues including interoperability, monetary sovereignty, operational risks and consumer protection. Read the report at: coindcx.com/wp-content/uploa… #CoinDCX #PublicBlockchains #Blockchain #Tokenisation #DigitalAssets #FinancialInfrastructure #India #Web3

The U.S. Federal Reserve has proposed new capital, redemption and disclosure requirements for stablecoin issuers as it moves to implement the GENIUS Act. The proposal includes tiered capital requirements, redemption within two business days, remediation measures for under-reserved issuers, and monthly reserve disclosures subject to independent examination. Read more: cointelegraph.com/news/fed-p… #Stablecoins #DigitalAssets #Crypto #FinTech #GENIUSAct #FederalReserve

The UK Financial Conduct Authority (FCA) has launched a call for input on the opportunities and risks of tokenised gold in wholesale markets. The FCA is examining whether tokenisation could improve the trading, transfer, pledging and use of gold as collateral, and whether certain tokenised gold products should be exempt from existing fund rules. The consultation is open until 23 October. Source: fca.org.uk/publication/call-… #TokenisedGold #Tokenisation #Crypto #DigitalAssets #FCA #UK #Web3

The EU has introduced new cybersecurity reporting requirements under the Cyber Resilience Act (CRA) for Virtual Digital Assets hardware and software wallet providers. Under the requirements, providers must report severe vulnerabilities within 24 hours of awareness, followed by a full notification within 72 hours. The requirements apply to products with digital elements made available in the EU. Source: cointelegraph.com/news/eu-cy… #Crypto #Cybersecurity #EU #CyberResilienceAct #DigitalAssets [ Blockchain, Web3 news, crypto news, Bharat Web3 Association, Crypto Update]

The U.S. Commodity Futures Trading Commission (CFTC) has submitted a proposed framework for regulating crypto transactions and markets to the White House for review. The move follows the failure of the CLARITY Act to advance in the U.S. Senate. The proposal aims to provide a regulatory pathway for crypto asset market participants under the agency’s existing authorities. It will remain subject to further review, public consultation and approval before any final rules take effect. Source: bloomberg.com/news/articles/… #CryptoRegulation #DigitalAssets #CFTC #CLARITYAct #MarketStructure #VirtualDigitalAssets #Web3

The U.S. Securities and Exchange Commission (SEC) has granted qualifying blockchain-based trading venues a five-year conditional exemption from certain securities-market requirements, enabling them to facilitate the trading of eligible tokenized U.S. stocks, subject to specified conditions. According to the SEC’s Innovation Exemption announcement, the exemption applies to qualifying Tokenized Securities Venues (TSVs) handling certain National Market System (NMS) stocks. The order provides an exemption from certain requirements applicable to exchanges and dealers under the Securities Exchange Act and permits participating venues to utilise permissioned automated market makers and liquidity pools. The exemption is subject to specified conditions and is intended to facilitate the operation of eligible blockchain-based venues for tokenized securities trading within the existing U.S. securities regulatory framework. Read the SEC announcement: sec.gov/newsroom/speeches-st… #Tokenization #TokenizedSecurities #DigitalAssets #Blockchain #Securities #CapitalMarkets #FinTech #FinancialRegulation #SEC #DigitalAssetRegulation

The U.S. House Ways and Means Committee has advanced the Digital Asset Tax Certainty Act (H.R. 10357) in a bipartisan 38–5 vote, moving legislation aimed at clarifying the federal tax treatment of digital assets. The bill covers stablecoins, mining and staking, digital asset lending, transaction fees and other crypto-related activities. It also proposes applying wash-sale rules to digital assets and establishing specific tax treatment for qualifying stablecoins and certain lending arrangements. The legislation now moves to the full House of Representatives for consideration. Read more: cointelegraph.com/news/house… #DigitalAssets #Crypto #CryptoRegulation #Taxation #Stablecoins #Blockchain #Web3 #UnitedStates

The UK Financial Conduct Authority (FCA) has issued final guidance clarifying which cryptoasset activities will require authorisation under the UK’s incoming regulatory regime. The guidance covers stablecoin issuance, crypto trading platforms, and safeguarding cryptoassets. Existing registrations and permissions will not automatically transfer, requiring firms to assess whether FCA authorisation or a variation of permission is needed. Read more: fca.org.uk/news/press-releas… #Crypto #DigitalAssets #UK #FCA #Stablecoins #Web3 #CryptoRegulation #FinancialRegulation

The UK House of Lords has backed an amendment requiring the government to develop and publish a comprehensive digital asset strategy. The amendment,was introduced during the Report Stage of the Financial Services and Markets Bill. It would require the UK Treasury to prepare, publish and consult on a digital asset strategy within 12 months of the Bill becoming law. The proposed strategy would cover cryptoassets, stablecoins and tokenised securities, with a focus on innovation, consumer protection, and firms’ access to banking, payment and settlement services. Source: cointelegraph.com/news/uk-ho… #DigitalAssets #Crypto #Stablecoins #Tokenisation #UK #FinancialRegulation #Web3

A coalition of European financial and tokenisation groups has urged EU lawmakers to remove the proposed €100 billion cap on tokenised financial instruments under the EU’s DLT Pilot Regime, or increase the threshold to at least €500 billion. In a letter dated 7 September, addressed to members of the EU Council and the European Parliament’s Economic and Monetary Affairs Committee, the groups argued that the proposed ceiling could constrain the growth of Europe’s tokenised financial markets. The coalition noted that some existing European projects have already reached a scale of approximately €350 billion, with further expansion planned, making the proposed €100 billion limit potentially inadequate. The groups also highlighted the contrast with the United States, where tokenisation of equities and other assets is not subject to comparable volume caps. Read more: cointelegraph.com/news/europ… #Tokenization #DigitalAssets #DLT #EU #EuropeanUnion #DigitalFinance #Securities #Blockchain #Web3 #CryptoRegulation #FinancialMarkets

Bharat Web3 Association’s Chairperson, Mr. Dilip Chenoy, will be participating as a Featured Speaker at the iBRICS 2026 Digital Asset Roundtable. The roundtable will bring together key stakeholders to discuss developments and emerging opportunities in the digital asset ecosystem. The Digital Asset Roundtable will be held on 12 September 2026 in New Delhi. #iBRICS2026 #BharatWeb3Association #DigitalAssets #Web3 #Blockchain #VirtualDigitalAssets

Germany’s Federal Ministry of Finance has reportedly proposed introducing a 25% flat-rate tax on profits from Virtual Digital Assets (VDAs) from 2028. The proposal would apply to VDAs acquired from 1 January 2027, with grandfathering provisions potentially preserving existing tax treatment for assets acquired before the cut-off. Read more: cointelegraph.com/news/germa… #Germany #VirtualDigitalAssets #VDA #CryptoTax #DigitalAssets #Web3 #CryptoRegulation #Blockchain

The Australian Securities and Investments Commission (ASIC) has stated that Digital Asset Service Providers (DASPs) have until 30 September 2026 to apply for an Australian Financial Services (AFS) licence or seek variations to an existing licence. ASIC has further advised that firms requiring market or clearing and settlement licences must notify the regulator and complete a pre-application meeting by the same deadline. From 1 October 2026, businesses requiring authorisation that have not satisfied the conditions of ASIC’s no-action position may be operating in breach of financial services law and could face civil and criminal penalties, including potential fines of up to 10% of annual turnover. Source: cointelegraph.com/news/austr… #DigitalAssets #DASP #Web3 #Australia #ASIC #FinancialRegulation #RegulatoryCompliance #DigitalAssetRegulation

Bharat Web3 Association extends its sincere appreciation to the Financial Intelligence Unit–India (FIU-IND) for its continued efforts to uphold compliance with India’s Prevention of Money Laundering Act, 2002 (PMLA) within the virtual digital asset sector. The latest compliance action concerning 15 non-compliant Virtual Digital Asset Service Providers underscores the importance of adherence to applicable AML/CFT obligations and represents a significant step towards strengthening accountability, transparency and integrity across India’s digital asset ecosystem. Source: pib.gov.in/PressReleasePage.… #BWA #FIUIND #VDA #VirtualDigitalAssets #PMLA #AML #CFT #Crypto #Web3 #Blockchain #DigitalAssets #India #RegulatoryCompliance

South Korea’s Financial Services Commission (FSC) has introduced a three-phase roadmap for tokenized securities, covering stocks, bonds and funds. From 4 February 2027, tokenized securities are set to receive legal recognition as digitized securities under amendments to the Act on Electronic Registration of Stocks and Bonds. The framework will initially cover selected assets, expand to all publicly offered securities in its second phase, and ultimately target on-chain payments linked to stablecoins. Read more: fsc.go.kr/eng/pr010101/87653 #SouthKorea #TokenizedSecurities #SecurityTokens #DigitalAssets #Blockchain #FinTech #CapitalMarkets #SecuritiesRegulation

Monetary Authority of Singapore (MAS) has proposed a regulatory framework that would allow certain stablecoins issued across multiple jurisdictions to qualify as “MAS-regulated stablecoins.” Under the proposal, the same stablecoin could be issued concurrently by Singapore and foreign entities, provided the foreign issuers are subject to regulatory regimes deemed substantively equivalent to MAS’ framework and adequate safeguards are in place. MAS is also proposing to recognise a limited number of foreign-issued stablecoins regulated under comparable overseas frameworks, subject to conditions including supervisory cooperation and information-sharing arrangements. The consultation is open until 16 October 2026. Source: mas.gov.sg/publications/cons… #Singapore #MAS #Stablecoins #DigitalAssets #Crypto #FinTech #Regulation #Payments